Wednesday, January 14, 2009

"It's a wonder people haven't started looting..."

from the Zimbabwe Mail

"....It used to be a pleasure dealing with clients coming to withdraw their money or carry out other transactions, but that is no longer the case. The banking system has steadily been going to the dogs, and as a bank teller I feel like an undertaker at a funeral.

"Granted, the queues are not as long as they used to be following the decision by the Reserve Bank of Zimbabwe [RBZ] to force clients to withdraw only a maximum of Z$10 billion [US$50 cents] per month if they are withdrawing their salaries [a restriction that was recently lifted].

"Most of the people who come to the banks these days are those [who do not have payslips] and can only withdraw Z$5 billion a week [US$25 cents – a restriction that remains in force].

"What does a person do with that small amount of money when a single trip into town is now costing a US dollar or its equivalent in Zimbabwean dollars? Where does the RBZ think the people are getting the rest of the money?..."

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